Low Radiation Exposure Resulting in High Adoption of External Beam Radiation Therapy

This report covers the market analysis for various external beam radiotherapy devices or EBRT devices such as Gamma Knife, Cyber Knife, TomoTherapy, LINACs and Proton Beam Therapy. The report also focuses on the market by application of the devices on various types of cancers such as lung cancer, prostate, breast, nead and neck, spine among others. Another chapter is dedicated to the technique and technologies that the devices are based on and provides estimates of the market by different technologies such as Image Guided Radiotherapy (IGRT), Intensity Modulated Radiotherapy (IMRT), Volumetric Modulated Arc Therapy (VMAT), 3-D Conformal Radiotherapy. Finally, the geographical analysis of the veterinary diagnostic imaging devices is segregated into six regions of North America, Europe, Asia-Pacific, Latin America, Middle-East and Africa.

The radiotherapy applications are primarily preferred in combination therapy along with chemotherapy and general surgery to enhance the quality of treatment procedures. Increasing rate of cancer incidences is driving the application market for radiotherapy. Prostate cancer, breast cancer and lung cancer represent the prime application areas of radiotherapy procedures. This is primarily due to providing novel treatment alternative for spine and neurosurgical procedures and better treatment outcome with higher protection to the healthy surrounding tissues.

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Also termed as teletherapy, external beam therapy devices work on the principle of delivery of energy from a machine located at a distance from the patient. Some of the prime advantages of the use of such therapy are less exposure of the patient to radioactivity unlike systemic radiotherapy and brachytherapy, lesser side effects of treatment and cost effectiveness. A Linac or linear accelerator is the most important component of external beam therapy devices and perpetual variations and development in their characteristics such as electron-emitting high energy machines and proton therapy machines have rendered scope for the evolution of different types of external beam therapy. Further miniaturization of devices has led to introduction of radiosurgery systems such as Gamma Knife, TomoTherapy and CyberKnife. Radiosurgery systems though being a small contributor, they are the most technologically advanced area in the external beam therapy systems market. Synchrotron and cyclotron systems have a wide range of applications and high contribution to the field of radiation oncology. Companies such as Accuray, Elekta AB and Varian Medical systems currently dominate this market and are expected to undergo rapid growth in the next few years.

North America is the major market of external beam radiotherapy and has been driving the global market significantly. North America market is highly impacted with the reimbursement policy as it has major influence to prefer one treatment procedure to other alternatives for curtailing the treatment cost. Due to expensive treatment procedures of different cancers, physicians are only inclined to one technology which can be reimbursed majorly by the Government. Moreover, this market is fond of appraising newer technologies and supporting them with wealthy reimbursement securities. Other than the mature markets, emerging countries such as Asia and BRIC nations are the future drivers of the external radiotherapy market due to growing GDP and healthcare expenditures in these countries and their huge cancer patient base. The Asian market is expected to grow at a CAGR of 7.8% in the forecast period of 2015 to 2019.

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